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These days, finding an affordable place to live in the 61315 area can be challenging. Home prices in 61315 are now at a median cost of $65,106, lower than the Illinois average of $300,242.
The average cost of rent is $1,089/mo in 61315, primarily driven by the current value of real estate in the 61315 area. In 61315, 30.77% of households rent, and 58.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 61315 is $4,750 per month. Households that rent pay about 22.93% of their income on rent here. 61315’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 61327, IL: higher priced homes
- 61322, IL: less expensive homes
- 61340, IL: higher priced homes
- 61560, IL: higher priced homes
- 61359, IL: higher priced homes
- 61368, IL: higher priced homes
- 61356, IL: higher priced homes
- 61326, IL: higher priced homes
- 61362, IL: higher priced homes
- 61363, IL: higher priced homes
Zip Codes with Similar Populations
- 50051, IA: higher priced homes
- 99731, AK: higher priced homes
- 45349, OH: higher priced homes
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- 47616, IN: higher priced homes
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- 49282, MI: higher priced homes
- 49626, MI: higher priced homes
- 49793, MI: higher priced homes
- 99746, AK: higher priced homes
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